This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

1365-1371 McCarter Hwy

11,000 SF 100% Leased Industrial Building Newark, NJ 07104 $1,250,000 ($114/SF)

Investment Highlights

  • 2 Drive in doors
  • Open Layout
  • High Ceilings
  • Heavy traffic area

Executive Summary

Industrial/Warehouse/Retail use. Approx 1st Floor-8500sqft with ceiling height 12 FT and 2nd floor 2500sqft with ceiling height of 15FT 6IN open layout with high ceilings. 2 Drive in doors. Prominent highway frontage, strategic location in a bustling commercial corridor, and proximity to key transportation links - heavy traffic area!
Food distributor has 1 year lease paying $5,000 per month
2nd Space -Also has 1 year lease paying $4,000 per month
2nd Floor Office space has No Lease paying -$1,600 per month.

Financial Summary (Actual - 2023)

Annual Annual Per SF
Taxes $23,457 $2.13
Operating Expenses - -
Total Expenses $23,457 $2.13

Financial Summary (Actual - 2023)

Taxes
Annual $23,457
Annual Per SF $2.13
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $23,457
Annual Per SF $2.13

Property Facts

Price $1,250,000
Price Per SF $114
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype
Warehouse
  • General Retail Freestanding
Rentable Building Area 11,000 SF
No. Stories 2
Year Built 1900
Walk Score ®
Very Walkable (85)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 32029300

  • Date on Market: 6/5/2024

  • Last Updated:

  • Address: 1365-1371 McCarter Hwy, Newark, NJ 07104

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}